NASHVILLE, TN (SPECIAL TO WLAF) – The Tennessee House of Representatives concluded its business for the 112th General Assembly on Thursday, April 28, at 4:44 ET.  “Among the highlights of the 2022 Session were another balanced budget, a revamping of the BEP education funding formula to the new TISA (Tennessee Investment in Students Achievement) formula,” said State Representative Dennis Powers.

It will provide more funding for struggling or borderline students to help them get a diploma and hopefully go on to college or trade school.  The new budget includes an increase in education of $1B with $147M earmarked for teacher raises.  

Representative Dennis Powers on the floor of the State House.

“The budget also includes $300M in tax cuts and ads $200M to the rainy day fund.  The state of Tennessee has no debt, no income tax has been named the best state for long-term fiscal responsibility three years in a row,” said Powers. (WLAF NEWS PUBLISHED – 04/29/2022-4PM)